53 Park Springs Road, Gainsborough, DN21 1NY is a leasehold flat built between 1996-2002. The property offers approximately 678 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £66,444 , which equates to approximately £98 per square foot. It was last sold on 12 Dec 2008 for £54,624. Since then, the value has increased by £11,820, representing a 21.6% increase, or approximately 1.3% per year.

The current estimated value of £66,444 is:

  • 32.9% lower than the average property price on Park Springs Road
  • 30.0% lower than the average in the DN21 1NY postcode area
  • and 54.6% lower than the average price for Gainsborough as a whole

At the most recent EPC inspection on 22 August 2022, the property was recorded as rented.

View sold house prices in DN21 1NY

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£66,444
Price Per sq ft (estimate)
£98
Bedroom Count (estimate)
2 bedrooms

EPC Summary

53 Park Springs Road, Gainsborough, West Lindsey, Lincolnshire, DN21 1NY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Aug 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 28% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to DN21 1NY

12 th / 17
Price Rank
30% lower than average
5 th / 16
Size Rank
8% smaller than average
15 th / 16
Price Per Sq FT Rank
24% lower than average

Compared to other properties in DN21 1NY , this flat's estimated value ranks 12th out of 17. Based on price per square foot, it ranks 15th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 16 properties in its postcode area.

Sale History

Today
£66,444
streetscan.co.uk estimate
+22 %
12 Dec 2008
£54,624
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 641 sq ft
sale price: £54,624
sale date: 19 Dec 2008
rooms: 3
size: 603 sq ft
sale price: £54,624
sale date: 12 Dec 2008
rooms: 3
size: 581 sq ft
sale price: £54,624
sale date: 12 Dec 2008
rooms: 4
size: 624 sq ft
sale price: £54,624
sale date: 12 Dec 2008
rooms: 3
size: 603 sq ft
sale price: £54,624
sale date: 12 Dec 2008

Data Sources

The property at 53 Park Springs Road, Gainsborough, West Lindsey, Lincolnshire, DN21 1NY appears once in the Land Registry records, with the transaction recorded on 12 Dec 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Aug 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.